Tuesday, November 13, 2012

Schwab shrinks office space in financial district - San Francisco Business Times:

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the first example of the company's plan to cut back its San Francisco footprint. Schwavb will give up space on floorse 26, 31, and 32; the space has room enough for betweenm 250 and300 employees. While the One Montgomery floor s represent a small fractionof Schwab's San Francisck presence, it shows that the company is seriouw about its plans to shrink its operations here. In the Business Times reported that Schwab wouldeliminated 1,400 "seats" in its headquarters instead growing in its other majod employment centers: Phoenix, Denver, Indianapolis and Richfield, outside Cleveland.
Schwab has 4,600 employeez in San Francisco and occupies about 1 millio n square feet at a numberof buildings, including its headquarters at 101 Schwab spokesman Greg Gabl e declined to comment on the lease expiration. "Outr footprint in San Francisco has been fluid historically as our busineszs needshave changed," said Gable. The space at One Montgomery will be availablse inJanuary 2009. Bob Kraynak of has the listing. Sandy Mendler, a national pioneer in the sustainabledesign movement, is leavinyg to start a new San Francisclo office for the Seattle firm . a design principal at HOK, was one of threwe co-authors of the HOK Guidebook toSustainablde Design.
The move into San Francisc comes as Mithun has been pickinv up an increasing chunk of Bay Area Current work in California and the Bay Area includees the UC Irvine MedicalEducation Building, the Sunrise senior residential highrise on Van Ness and two mixed-use buildings that will be part of Wilsoj Meany Sullivan's Bay Meadows project. The firm is also doing a long-terkm master plan for the San FranciscoZen Center's Greejn Gulch Farm. "As our work in Californisa expands, we're using this occasion to help foster more excitingf opportunities forthe firm," said Bert Gregory, Mithun'sd president and CEO.
"The new office in San Francisco reinforced our missionto 'Inspire a sustainable world throug h leadership, innovation, and integrated Mithun has not yet signed a lease in San Francisck and declined to comment on how many jobs it was looking to fill in the new Another prominent northwestern firm, , recently openerd an office at 1005 Sansome St. The Children'z Hospital & Research Center Oakland has signed a deal tolease 21,000 square feet at Shadelandxs Business Park in Walnut The new location, expected to open in earlh 2009, will serve as the fifth Children'zs Hospital Oakland Specialty Care center Breck Lutz and Patrick Reillyh of Cornish & Carey Commercial's Walnut Creek office represented owner in this transaction.
Ed Del Beccar of Colliers represented Children's Hospital Oakland. Hall Equitiex originally purchasedthe 72,000-square-foot building at 2401 Shadelands Drive in 2000 and did a majot renovation. The space leased by Children's Hospital Oaklane was previously leasedto ­-- but never occupied by -- and is in shell condition. To prepare the buildinh for medical use, Hall Equities increases the parking ratio on the property by 20 percent and alsoconverted 6,000 squars feet of office space to covered parking. movee to S.F.
The Environmental Defense Fund has mover from Oakland to downtown San Francisco and plans to doublde its staff over the next few The nonprofit, which advisess companies like and on sustainable business practices, is movinbg from 9,000-square-feet in -Rockridge Market Hall at 5655 College Ave. EDF has 37 employeee in its new office and has10 openings, accordiny to its web site. David Linsmayer of the represented the Not surprisingly, the environmental nonprofit has registere for LEED certification for the new spac and is shooting for the second-highest level of the LEED ranking Pollack Architecture designed the space.

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